International

Oil prices inched higher on Wednesday underpinned by signs of near-term supply tightness but held near their lowest in two weeks, a day after OPEC downgraded its forecast for global ...

OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, India and other regions, marking the producer group’s fourth consecutive ...

More European Central Bank interest rate cuts are coming and the deposit rate could hit the so-called neutral level in the first half of next year, Finnish central bank chief ...

British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on Tuesday, potentially boosting the Bank of England’s confidence ...

Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. Payouts ...

British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after the new Labour government approved big public-sector pay rises funded ...

Within weeks of Donald Trump’s 2016 election, US Federal Reserve policymakers began mulling the impact of expected tax cuts and tariffs on the economy, penciling in rough estimates of what ...

QatarEnergy will buy a 23 per cent stake from Chevron (CVX.N) in an offshore exploration block in Egyptian waters, it said on Monday. QatarEnergy has in recent years acquired stakes ...

Bitcoin soared to a record high above $82,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as US president and ...

Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s ...

There is a disconnect between the perceived and actual cyber readiness among global enterprises, according to a survey by IT services firm Kyndryl. The survey, titled ‘Cyber Gauge 2024: Navigating the ...

German sportswear maker Puma’s (PUMG.DE) third-quarter sales missed expectations due to sluggish demand and as weaker currencies in markets like Mexico, Argentina and Japan weighed on its revenue ...

Swiss bank UBS (UBSG.S) announced that it has successfully piloted a blockchain-based payment system it has developed to improve the efficiency of cross-border transactions known as UBS Digital Cash. ...

New car registrations in the UK fell for the second time this year, dropping 6 per cent to 144,288 in October, according to a report based on industry data. The Society of ...

The UK’s financial regulator has laid out plans to ensure investors in bonds and derivatives markets have access to more information and that firms lower costs by making investment ...

By Maria Demertzis The private sector can cover at least half of the investment gap identified in Mario Draghi’s competitiveness report but will only do so if the EU’...

Physical Intelligence, a startup that is developing foundational software for robots, has announced that it has raised $400 million in early-stage funding from Amazon’s Jeff Bezos, OpenAI, venture capital firms ...

South Korea has ordered Facebook owner Meta Platforms (META.O) to pay 21.62 billion won ($15.67 million) in fines after finding it had collected sensitive user data and given it to advertisers ...

A consortium of financial technology and cryptocurrency companies including Robinhood (HOOD.O), Kraken and Galaxy Digital (GLXY.TO) this week introduced a joint stablecoin pegged to the US dollar. The ...

Nintendo this week cut its operating profit forecast for the year to March 2025 by 10 per cent to 360 billion yen ($2.36 billion), as its ageing Switch console loses steam. The latest forecast ...

The US Supreme Court is set to consider bids by two tech giants – Meta’s (META.O) Facebook and Nvidia (NVDA.O) – to fend off federal securities fraud lawsuits in ...

British house prices hit a new record high in October but the 0.2 per cent rise from September was the smallest in three months and demand could remain subdued if interest ...

Alpha Bank (ACBr.AT), Greece’s fourth-largest lender by market value, reported higher net earnings in the January-September period compared to the same period in 2023, on lower provisions and strong ...

Eurozone firms expect their turnover to keep rising this quarter but their margins remain under pressure with wage growth outpacing selling price increases, the European Central Bank said in a ...